Company Valuation: Gentex Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,243 6,397 7,618 6,534 5,095 4,456 - -
Change - -22.39% 19.09% -14.23% -22.03% -12.54% - -
Enterprise Value (EV) 1 7,975 6,159 7,377 6,278 4,949 4,252 4,189 4,108
Change - -22.77% 19.77% -14.89% -21.17% -14.08% -1.5% -1.93%
P/E 23.2x 20.1x 17.8x 16.3x 13.4x 10.3x 9.4x 8.29x
PBR 4.25x 3.09x 3.27x 2.64x 2.02x 1.67x 1.51x 1.41x
PEG - -2.15x 0.5x -3.75x -11.79x 0.6x 1.04x 0.6x
Capitalization / Revenue 4.76x 3.33x 3.31x 2.82x 2.01x 1.67x 1.59x 1.51x
EV / Revenue 4.61x 3.21x 3.21x 2.71x 1.95x 1.59x 1.49x 1.39x
EV / EBITDA 15.7x 13.2x 12.5x 11.1x 8.3x 6.78x 6.47x 5.93x
EV / EBIT 19.5x 16.6x 14.9x 13.4x 10.1x 8.14x 7.8x 7.15x
EV / FCF 27.2x 32.1x 20.9x 17.8x 10.8x 8.79x 9.65x 9.12x
FCF Yield 3.68% 3.11% 4.79% 5.63% 9.25% 11.4% 10.4% 11%
Dividend per Share 2 0.48 0.48 0.48 0.48 0.48 0.48 0.488 0.506
Rate of return 1.38% 1.76% 1.47% 1.67% 2.06% 2.27% 2.31% 2.39%
EPS 2 1.5 1.36 1.84 1.76 1.74 2.063 2.249 2.553
Distribution rate 32% 35.3% 26.1% 27.3% 27.6% 23.3% 21.7% 19.8%
Net sales 1 1,731 1,919 2,299 2,313 2,534 2,671 2,808 2,952
EBITDA 1 508.9 466.6 589.1 563.3 596.4 627 647.2 692.5
EBIT 1 409.8 370 495.7 468.6 492.3 522.6 537.1 574.3
Net income 1 360.8 318.8 428.4 404.5 384.8 433 453.5 486.2
Net Debt 1 -267.7 -237.8 -240.8 -255.6 -145.6 -203.5 -267.1 -347.8
Reference price 2 34.85 27.27 32.66 28.73 23.27 21.15 21.15 21.15
Nbr of stocks (in thousands) 2,36,520 2,34,582 2,33,253 2,27,432 2,18,943 2,10,683 - -
Announcement Date 28/01/22 27/01/23 26/01/24 31/01/25 30/01/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.25x1.59x6.78x2.27% 445.6Cr
18.21x1.99x10.94x1.61% 7.16TCr
20.74x1.42x10.91x1.79% 4.73TCr
14.28x0.64x4.64x4.04% 3.19TCr
11.7x0.55x4.85x4.02% 2.89TCr
7.76x0.46x5.86x1.95% 2.36TCr
13.87x2.51x8.63x4.4% 1.95TCr
28.45x1.13x11.94x0.64% 1.67TCr
20.01x0.88x10.54x3.31% 1.77TCr
10.25x0.48x4.72x3.1% 1.69TCr
Average 15.55x 1.16x 7.98x 2.71% 2.79TCr
Weighted average by Cap. 16.44x 1.28x 8.58x 2.54%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Gentex Corporation

Historical PBR trend

Valuation ratios - PBR - Gentex Corporation

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Gentex Corporation

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Gentex Corporation


Year-on-year evolution of the Yield

Valuation ratios - Yield - Gentex Corporation
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